Reported Earnings • May 22
Full year 2026 earnings released: ₹41.70 loss per share (vs ₹14.82 loss in FY 2025) Full year 2026 results: ₹41.70 loss per share (further deteriorated from ₹14.82 loss in FY 2025). Revenue: ₹113.6b (up 18% from FY 2025). Net loss: ₹1.38b (loss widened 181% from FY 2025). Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has increased by 27% per year, which means it is well ahead of earnings. Announcement • May 12
RPSG Ventures Limited to Report Q4, 2026 Results on May 21, 2026 RPSG Ventures Limited announced that they will report Q4, 2026 results on May 21, 2026 Board Change • Mar 31
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. No highly experienced directors. Independent Non-Executive Director Kusum Dadoo was the last director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. New Risk • Mar 25
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 8.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 27% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (8.8% average weekly change). Reported Earnings • Feb 07
Third quarter 2026 earnings released: ₹33.71 loss per share (vs ₹18.13 loss in 3Q 2025) Third quarter 2026 results: ₹33.71 loss per share (further deteriorated from ₹18.13 loss in 3Q 2025). Revenue: ₹27.7b (up 16% from 3Q 2025). Net loss: ₹1.12b (loss widened 86% from 3Q 2025). Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has increased by 16% per year, which means it is well ahead of earnings. Announcement • Jan 30
RPSG Ventures Limited to Report Q3, 2026 Results on Feb 06, 2026 RPSG Ventures Limited announced that they will report Q3, 2026 results on Feb 06, 2026 Announcement • Nov 20
RPSG Ventures Limited (NSEI:RPSGVENT) entered into agreement to acquire an unknown minority stake in Fsp Design Private Limited for an enterprise value of INR 4.6 billion. RPSG Ventures Limited (NSEI:RPSGVENT) entered into agreement to acquire an unknown minority stake in Fsp Design Private Limited for an enterprise value of INR 4.6 billion on November 18, 2025.
For the period ending March 31, 2025, Fsp Design Private Limited reported total revenue of INR 917.5 million.
The transaction is subject to approval of offer by acquirer board. The deal has been approved by the board. Reported Earnings • Nov 11
Second quarter 2026 earnings released: ₹15.72 loss per share (vs ₹23.52 loss in 2Q 2025) Second quarter 2026 results: ₹15.72 loss per share (improved from ₹23.52 loss in 2Q 2025). Revenue: ₹26.8b (up 24% from 2Q 2025). Net loss: ₹520.2m (loss narrowed 33% from 2Q 2025). Over the last 3 years on average, earnings per share has fallen by 44% per year but the company’s share price has increased by 21% per year, which means it is well ahead of earnings. Announcement • Nov 03
RPSG Ventures Limited to Report Q2, 2026 Results on Nov 10, 2025 RPSG Ventures Limited announced that they will report Q2, 2026 results on Nov 10, 2025 Announcement • Aug 11
RPSG Ventures Limited, Annual General Meeting, Sep 11, 2025 RPSG Ventures Limited, Annual General Meeting, Sep 11, 2025, at 12:30 Indian Standard Time. Reported Earnings • Aug 02
First quarter 2026 earnings released: EPS: ₹25.11 (vs ₹30.79 in 1Q 2025) First quarter 2026 results: EPS: ₹25.11 (down from ₹30.79 in 1Q 2025). Revenue: ₹29.9b (up 19% from 1Q 2025). Net income: ₹830.9m (down 19% from 1Q 2025). Profit margin: 2.8% (down from 4.0% in 1Q 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 93 percentage points per year, which is a significant difference in performance. Announcement • Jul 23
RPSG Ventures Limited to Report Q1, 2026 Results on Aug 01, 2025 RPSG Ventures Limited announced that they will report Q1, 2026 results on Aug 01, 2025 Reported Earnings • May 16
Full year 2025 earnings released: ₹14.82 loss per share (vs ₹14.26 loss in FY 2024) Full year 2025 results: ₹14.82 loss per share (further deteriorated from ₹14.26 loss in FY 2024). Revenue: ₹96.5b (up 21% from FY 2024). Net loss: ₹490.4m (loss widened 16% from FY 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 108 percentage points per year, which is a significant difference in performance. Reported Earnings • Feb 15
Third quarter 2025 earnings released: ₹18.13 loss per share (vs ₹20.70 loss in 3Q 2024) Third quarter 2025 results: ₹18.13 loss per share (improved from ₹20.70 loss in 3Q 2024). Revenue: ₹23.9b (up 30% from 3Q 2024). Net loss: ₹599.8m (loss narrowed 1.8% from 3Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 90 percentage points per year, which is a significant difference in performance. Reported Earnings • Nov 07
Second quarter 2025 earnings released: ₹23.52 loss per share (vs ₹11.72 loss in 2Q 2024) Second quarter 2025 results: ₹23.52 loss per share (further deteriorated from ₹11.72 loss in 2Q 2024). Revenue: ₹21.7b (up 22% from 2Q 2024). Net loss: ₹778.5m (loss widened 125% from 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 57% per year but the company’s share price has increased by 13% per year, which means it is well ahead of earnings. Announcement • Oct 03
RPSG Ventures Limited Appoints Prateek Aggarwal and Abhishek Malhotra as President - Value Creation and President - Strategy Respectively RPSG Ventures Limited informed that Mr. Prateek Aggarwal and Mr. Abhishek Malhotra have been appointed as President - Value Creation and President - Strategy respectively, effective from October 3, 2024. Term of appointment is not applicable since he is in full-time employment with the Company. Mr. Prateek Aggarwal holds an MBA in Finance from the Indian Institute of Management, Calcutta and brings over 30 years of financial leadership experience across diverse industries including IT, consumer goods, and services. Most recently he served as the CFO at HCLTech and has held key roles in Hindustan Unilever, Genpact and Hexaware Technologies. Mr. Aggarwal has received numerous accolades, including Best CFO by ET CFO Awards (2024), CII (2023) and Financial Express (2022). The Institutional Investor adjudged him as Best CFO m 2024 m Rest of Asia (Excluding China) and 3rd in Asia Pacific ex-Japan (including China). Mr. Abhishek Malhotra holds an MBA degree from the Indian Institute of Management, Ahmedabad, and a Bachelor of Engineering in Electronics from Punjab Engineering College, Chandigarh. Mr. Malhotra has over two decades of experience in strategy, operations, and leadership across Consumer Products, Retail, Media, Pharma and Industrial sectors. Mr. Malhotra has held key positions at McKinsey & Company, AT Kearney, and Boaz & Company, where he led transformational initiatives and developed deep client relationships globally. His expertise spans business strategy, market transformation, supply chain and mergers and acquisitions. New Risk • Aug 26
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 9.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 17% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (9.4% average weekly change). Shareholders have been diluted in the past year (12% increase in shares outstanding). Buy Or Sell Opportunity • Aug 16
Now 22% overvalued after recent price rise Over the last 90 days, the stock has risen 14% to ₹793. The fair value is estimated to be ₹652, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 8.9% over the last 3 years. Meanwhile, the company became loss making. Announcement • Aug 09
RPSG Ventures Limited Announces Change in Directorate RPSG Ventures Limited at its board meeting held on August 9, 2024, Noted, the cessation of Mr. Rajeev Ramesh Chand Khandelwal (DIN: 08763979) as the Whole-time Director and also as a Director of the Company with effect from August 9, 2024 (close of business hours). Consequent to the above changes, the list of Directors of the Company effective August 9, 2024 (close of business hours) is given below: Dr. Sanjiv Goenka, Chairman, Mr. Shashwat Goenka, Non-Executive Director, Mr. Arjun Kumar, Independent Director, Mr. Kalaikuruchi Jairaj, Independent Director, and Ms. Kusum Dadoo, Independent Director. Reported Earnings • Jul 30
Full year 2024 earnings released: ₹14.26 loss per share (vs ₹53.72 loss in FY 2023) Full year 2024 results: ₹14.26 loss per share (improved from ₹53.72 loss in FY 2023). Revenue: ₹79.5b (up 11% from FY 2023). Net loss: ₹424.6m (loss narrowed 72% from FY 2023). Over the last 3 years on average, earnings per share has increased by 2% per year whereas the company’s share price has increased by 4% per year. Announcement • Jul 26
RPSG Ventures Limited, Annual General Meeting, Aug 21, 2024 RPSG Ventures Limited, Annual General Meeting, Aug 21, 2024, at 12:30 Indian Standard Time. Announcement • May 17
RPSG Ventures Limited to Report Q4, 2024 Results on May 23, 2024 RPSG Ventures Limited announced that they will report Q4, 2024 results on May 23, 2024 Announcement • Mar 05
RPSG Ventures Limited announced that it has received INR 2.842125 billion in funding from Rainbow Investments Limited, Integrated Coal Mining Limited On March 4, 2024, RPSG Ventures Limited closed the transaction. The transaction involves investor participation of Rainbow Investments Limited for 1,170,000 equity shares and Integrated Coal Mining Limited for 2,405,000 equity shares. The transaction has been approved by the board of directors of the company. New Risk • Mar 05
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 12% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 14% per year over the past 5 years. Minor Risks High level of debt (63% net debt to equity). Shareholders have been diluted in the past year (12% increase in shares outstanding). Reported Earnings • Feb 10
Third quarter 2024 earnings released: ₹20.70 loss per share (vs ₹9.91 loss in 3Q 2023) Third quarter 2024 results: ₹20.70 loss per share (further deteriorated from ₹9.91 loss in 3Q 2023). Revenue: ₹18.6b (up 8.4% from 3Q 2023). Net loss: ₹610.9m (loss widened 109% from 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 30% per year, which means it is well ahead of earnings. Announcement • Feb 02
RPSG Ventures Limited to Report Q3, 2024 Results on Feb 09, 2024 RPSG Ventures Limited announced that they will report Q3, 2024 results on Feb 09, 2024 Announcement • Jan 17
RPSG Ventures Limited announced that it expects to receive INR 2.842125 billion in funding from Rainbow Investments Limited, Integrated Coal Mining Limited RPSG Ventures Limited has announced a private placement of 3,575,000 equity shares at issue price of INR 795 per equity
share for gross proceeds of INR 2,842,125,000 on preferential basis on January 17, 2024. The transaction includes investor participation of Rainbow Investments Limited and Integrated Coal Mining Limited. The transaction has been approved by the board of directors of the company and is subject to the approval of the Members of the Company, statutory, regulatory approvals. Reported Earnings • Nov 11
Second quarter 2024 earnings released: ₹11.72 loss per share (vs ₹0.20 loss in 2Q 2023) Second quarter 2024 results: ₹11.72 loss per share (further deteriorated from ₹0.20 loss in 2Q 2023). Revenue: ₹18.1b (up 6.5% from 2Q 2023). Net loss: ₹345.8m (loss widened ₹340.3m from 2Q 2023). Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has increased by 29% per year, which means it is well ahead of earnings. Announcement • Oct 31
RPSG Ventures Limited to Report Q2, 2024 Results on Nov 10, 2023 RPSG Ventures Limited announced that they will report Q2, 2024 results on Nov 10, 2023 Reported Earnings • Aug 11
First quarter 2024 earnings released: EPS: ₹51.84 (vs ₹0.06 in 1Q 2023) First quarter 2024 results: EPS: ₹51.84 (up from ₹0.06 in 1Q 2023). Revenue: ₹23.0b (up 18% from 1Q 2023). Net income: ₹1.53b (up ₹1.53b from 1Q 2023). Profit margin: 6.6% (up from 0% in 1Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 40% per year, which means it is well ahead of earnings. Announcement • Aug 01
RPSG Ventures Limited to Report Q1, 2024 Results on Aug 10, 2023 RPSG Ventures Limited announced that they will report Q1, 2024 results at 4:00 PM, Indian Standard Time on Aug 10, 2023 Reported Earnings • Jul 13
Full year 2023 earnings released: ₹53.72 loss per share (vs ₹49.55 profit in FY 2022) Full year 2023 results: ₹53.72 loss per share (down from ₹49.55 profit in FY 2022). Revenue: ₹71.7b (up 7.4% from FY 2022). Net loss: ₹1.53b (down 216% from profit in FY 2022). Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has increased by 37% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Jul 06
RPSG Ventures Limited, Annual General Meeting, Aug 04, 2023 RPSG Ventures Limited, Annual General Meeting, Aug 04, 2023, at 12:30 Indian Standard Time. Reported Earnings • May 20
Full year 2023 earnings released: ₹51.73 loss per share (vs ₹49.55 profit in FY 2022) Full year 2023 results: ₹51.73 loss per share (down from ₹49.55 profit in FY 2022). Revenue: ₹73.1b (up 9.6% from FY 2022). Net loss: ₹1.53b (down 216% from profit in FY 2022). Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has increased by 52% per year, which means it is tracking significantly ahead of earnings growth. Announcement • May 13
RPSG Ventures Limited to Report Q4, 2023 Results on May 19, 2023 RPSG Ventures Limited announced that they will report Q4, 2023 results on May 19, 2023 Valuation Update With 7 Day Price Move • May 10
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹466, the stock trades at a trailing P/E ratio of 49.1x. Average trailing P/E is 25x in the Professional Services industry in India. Total returns to shareholders of 281% over the past three years. Reported Earnings • Feb 14
Third quarter 2023 earnings released: ₹9.91 loss per share (vs ₹13.41 profit in 3Q 2022) Third quarter 2023 results: ₹9.91 loss per share (down from ₹13.41 profit in 3Q 2022). Revenue: ₹17.9b (up 6.2% from 3Q 2022). Net loss: ₹292.5m (down 182% from profit in 3Q 2022). Over the last 3 years on average, earnings per share has increased by 50% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth. Announcement • Feb 07
RPSG Ventures Limited to Report Q3, 2023 Results on Feb 13, 2023 RPSG Ventures Limited announced that they will report Q3, 2023 results at 12:08 PM, Indian Standard Time on Feb 13, 2023 Buying Opportunity • Feb 01
Now 20% undervalued after recent price drop Over the last 90 days, the stock is down 14%. The fair value is estimated to be ₹524, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 18% over the last 3 years. Meanwhile, the company has become profitable. Buying Opportunity • Dec 21
Now 22% undervalued after recent price drop Over the last 90 days, the stock is down 15%. The fair value is estimated to be ₹591, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 18% over the last 3 years. Meanwhile, the company has become profitable. Reported Earnings • Nov 16
Second quarter 2023 earnings released: ₹0.20 loss per share (vs ₹4.85 profit in 2Q 2022) Second quarter 2023 results: ₹0.20 loss per share (down from ₹4.85 profit in 2Q 2022). Revenue: ₹17.6b (up 9.8% from 2Q 2022). Net loss: ₹5.50m (down 104% from profit in 2Q 2022). Profit margin: 0% (down from 0.8% in 2Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 51% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth. Announcement • Nov 03
RPSG Ventures Limited to Report Q2, 2023 Results on Nov 14, 2022 RPSG Ventures Limited announced that they will report Q2, 2023 results on Nov 14, 2022 Announcement • Sep 01
RPSG Ventures Limited (BSE:542333) acquired 51% stake in RPSG Sports Venture Private Limited from the existing shareholders for INR 0.051 million. RPSG Ventures Limited (BSE:542333) acquired 51% stake in RPSG Sports Venture Private Limited from the existing shareholders for INR 0.051 million on August 30, 2022.
RPSG Ventures Limited (BSE:542333) completed the acquisition of 51% stake in RPSG Sports Venture Private Limited from the existing shareholders on August 30, 2022. Reported Earnings • Aug 12
First quarter 2023 earnings released: EPS: ₹0.06 (vs ₹9.53 in 1Q 2022) First quarter 2023 results: EPS: ₹0.06 (down from ₹9.53 in 1Q 2022). Revenue: ₹19.6b (up 22% from 1Q 2022). Net income: ₹1.50m (down 99% from 1Q 2022). Profit margin: 0% (down from 1.6% in 1Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth. Reported Earnings • Jul 06
Full year 2022 earnings released: EPS: ₹49.55 (vs ₹36.09 loss in FY 2021) Full year 2022 results: EPS: ₹49.55 (up from ₹36.09 loss in FY 2021). Revenue: ₹66.9b (up 19% from FY 2021). Net income: ₹1.31b (up ₹2.27b from FY 2021). Profit margin: 2.0% (up from net loss in FY 2021). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings. Announcement • Jun 29
RPSG Ventures Limited, Annual General Meeting, Jul 29, 2022 RPSG Ventures Limited, Annual General Meeting, Jul 29, 2022, at 15:00 Indian Standard Time. Announcement • May 07
RPSG Ventures Limited to Report Q4, 2022 Results on May 13, 2022 RPSG Ventures Limited announced that they will report Q4, 2022 results on May 13, 2022 Reported Earnings • Feb 10
Third quarter 2022 earnings: Revenues in line with analyst expectations Third quarter 2022 results: Revenue: ₹16.8b (up 14% from 3Q 2021). Net income: ₹355.4m (up 64% from 3Q 2021). Profit margin: 2.1% (up from 1.5% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Announcement • Feb 01
RPSG Ventures Limited to Report Q3, 2022 Results on Feb 09, 2022 RPSG Ventures Limited announced that they will report Q3, 2022 results on Feb 09, 2022 Reported Earnings • Nov 15
Second quarter 2022 earnings released: EPS ₹4.85 (vs ₹6.71 in 2Q 2021) The company reported a soft second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2022 results: Revenue: ₹16.0b (up 23% from 2Q 2021). Net income: ₹128.7m (down 28% from 2Q 2021). Profit margin: 0.8% (down from 1.4% in 2Q 2021). The decrease in margin was driven by higher expenses. Executive Departure • Sep 29
Independent Non-Executive Director Grace Koshie has left the company On the 19th of September, Grace Koshie's tenure as Independent Non-Executive Director ended. We don't have any record of a personal shareholding under Grace's name. A total of 2 executives have left over the last 12 months. Reported Earnings • Jul 26
Full year 2021 earnings released: ₹36.09 loss per share (vs ₹25.63 loss in FY 2020) The company reported a soft full year result with increased losses and weaker control over costs, although revenues improved. Full year 2021 results: Revenue: ₹56.0b (up 22% from FY 2020). Net loss: ₹956.9m (loss widened 41% from FY 2020). Reported Earnings • Jun 20
Full year 2021 earnings released: ₹36.09 loss per share (vs ₹1.28 loss in FY 2020) The company reported a soft full year result with increased losses and weaker control over costs, although revenues improved. Full year 2021 results: Revenue: ₹56.0b (up 22% from FY 2020). Net loss: ₹956.9m (loss widened ₹923.0m from FY 2020). Valuation Update With 7 Day Price Move • Jun 09
Investor sentiment improved over the past week After last week's 16% share price gain to ₹500, the stock trades at a trailing P/E ratio of 24.8x. Average trailing P/E is 29x in the IT industry in India. Total returns to shareholders of 172% over the past year. Valuation Update With 7 Day Price Move • Mar 15
Investor sentiment improved over the past week After last week's 18% share price gain to ₹378, the stock trades at a trailing P/E ratio of 18.7x, up from the previous P/E ratio of 15.9x. Average P/E is 23x in the IT industry in India. Total returns to shareholders over the past year are 124%. Announcement • Mar 10
RPSG Ventures Limited (BSE:542333) acquired remaining 35.4% stake in Herbolab India Pvt Ltd from Biren Natwarlal Vaidya, Arjun Vaidya, Sheetal Vaidya and Karan Vaidya for approximately INR 510 million. RPSG Ventures Limited (BSE:542333) acquired remaining 35.4% stake in Herbolab India Pvt Ltd from Biren Natwarlal Vaidya, Arjun Vaidya, Sheetal Vaidya and Karan Vaidya for approximately INR 510 million on March 8, 2021. In this transaction, RPSG Ventures Limited acquired 0.5 million shares of Herbolab India Pvt Ltd. Prior to this transaction, RPSG Ventures Limited holds 64.63% stake in Herbolab India Pvt Ltd. After this transaction, Herbolab India Pvt Ltd. will operate as a wholly owned subsidiary of RPSG Ventures Limited. For year ended March 31, 2020, Herbolab India Pvt Ltd reported revenue of INR 163.3163 million. The transaction required no approval.
RPSG Ventures Limited (BSE:542333) completed the acquisition of remaining 35.4% stake in Herbolab India Pvt Ltd from Biren Natwarlal Vaidya, Arjun Vaidya, Sheetal Vaidya and Karan Vaidya on March 8, 2021. Reported Earnings • Feb 14
Third quarter 2021 earnings released: EPS ₹8.19 (vs ₹6.84 in 3Q 2020) The company reported a solid third quarter result with improved earnings and revenues, although profit margins were flat. Third quarter 2021 results: Revenue: ₹14.8b (up 25% from 3Q 2020). Net income: ₹217.1m (up 20% from 3Q 2020). Profit margin: 1.5% (in line with 3Q 2020). Is New 90 Day High Low • Feb 11
New 90-day high: ₹347 The company is up 37% from its price of ₹254 on 13 November 2020. The Indian market is up 21% over the last 90 days, indicating the company outperformed over that time. It also outperformed the IT industry, which is up 20% over the same period. Valuation Update With 7 Day Price Move • Feb 08
Investor sentiment improved over the past week After last week's 16% share price gain to ₹342, the stock is trading at a trailing P/E ratio of 18.1x, up from the previous P/E ratio of 15.6x. This compares to an average P/E of 21x in the IT industry in India. Total returns to shareholders over the past year are 2.0%. Valuation Update With 7 Day Price Move • Dec 28
Investor sentiment improved over the past week After last week's 34% share price gain to ₹346, the stock is trading at a trailing P/E ratio of 18.4x, up from the previous P/E ratio of 13.7x. This compares to an average P/E of 22x in the IT industry in India. Total returns to shareholders over the past year are 12%. Is New 90 Day High Low • Dec 24
New 90-day high: ₹288 The company is up 25% from its price of ₹230 on 25 September 2020. The Indian market is up 24% over the last 90 days, indicating the company outperformed over that time. However, its price trend is similar to the IT industry, which is also up 25% over the same period. Is New 90 Day High Low • Dec 01
New 90-day high: ₹263 The company is up 6.0% from its price of ₹249 on 02 September 2020. The Indian market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the IT industry, which is up 21% over the same period. Announcement • Nov 06
CESC Ventures Limited Approves Appointment of Ayan Mukherjee as Chief Financial Officer CESC Ventures Limited announced that at its board meeting held on 5 November, 2020, the board approved the appointment of Mr. Ayan Mukherjee as the chief financial officer of the company with immediate effect. Reported Earnings • Nov 06
Second quarter 2021 earnings released: EPS ₹6.71 The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: ₹13.1b (up 18% from 2Q 2020). Net income: ₹178.0m (up ₹428.4m from 2Q 2020). Profit margin: 1.4% (up from net loss in 2Q 2020). The move to profitability was driven by higher revenue. Announcement • Sep 03
CESC Ventures Limited to Report Q1, 2021 Results on Sep 09, 2020 CESC Ventures Limited announced that they will report Q1, 2021 results on Sep 09, 2020 Announcement • Jul 30
CESC Ventures Limited (BSE:542333) completed the acquisition of 64.63% stake in Herbolab India Pvt Ltd. CESC Ventures Limited (BSE:542333) entered into an agreement to acquire 64.63% stake in Herbolab India Pvt Ltd for approximately INR 320 million on June 3, 2019. Under the terms, 0.91 million shares were acquired as a part of the transaction. Herbolab reported revenues worth INR 19.4 million for the year ended March 31, 2019. Ashraya Rao of Khaitan & Co acted as legal advisor forCESC Ventures Limited on the deal. Abeezar Faizullabhoy and Adity Chaudhury of Argus Partners acted as legal advisor to Herbolab India Pvt Ltd.
CESC Ventures Limited (BSE:542333) completed the acquisition of 64.63% stake in Herbolab India Pvt Ltd during six months ended September 30, 2019. 
